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Successful Exchange Promotes Drive for Prime North West Instructions

By jbc_admin

Roger Hannah & Co were instructed by a private company to market the office buildings located within Stockport Town Centre. The property extended to 5,166 sq. ft (479.92 sq. m) and comprised of two interconnected buildings. With minor refurbishment, the buildings could be returned to office use or alternatively could be redeveloped, under permitted development…

2017 Business Rates Appeals Procedure

By jbc_admin

The new Business Rates appeals system introduced by the Government for the 2017 Revaluation that also involves the Government Gateway Registration, increases the administrative burden on all businesses. These proposals contain three new measures which have been heavily criticised. Simply put, it would appear the Government are seeking to discourage businesses from appealing their rating…

HS2 Phase 2b Announcement – Extension to Leeds and Manchester

By jbc_admin

Today’s eagerly anticipated announcement relates to the confirmation of the route of Phase 2b. Phase 2b will see the extension of the line from West Midlands to Leeds on the eastern leg and to Manchester on the western leg. Whilst the preferred route of Phase 2b was safeguarded in November 2016, today’s announcement serves to…

16 Acre Brownfield Site in Leek for Mixed Use Development

By jbc_admin

The Casey Group Limited and Land Owner Barnfield Hughes have signed a development agreement to bring forward a 16-acre brownfield site in Leek for mixed use development. A former concrete batching plant which is no longer operational, the site on Sunnyhills Road already benefits from an outline planning consent. This includes significant redevelopment for 175…

Roger Hannah – Hits No 2 Nationwide

By jbc_admin

Manchester’s Roger Hannah & Co who are based in the heart of the City Centre, are the second highest growing practice of chartered surveyors Nationwide! Following the release of ‘The Property Week Agents Survey 2017’ they are also acclaimed with the highest growing practice in the North West for 2016/2017! The business grew its turnover…

MAJOR REFURBISHMENT WORKS UNDERWAY AT THE BRIDGE, BURY

By jbc_admin

Bridge Trading Estate has recently been acquired by Mr R Harrison, Marnshaw Limited, comprising 10 modern warehouse/individual units totalling 50,000 sq. ft. on a 4 acre site. Major refurbishment works are currently underway to provide high quality modern units well situated on the edge of Bury town centre. Local occupiers include Andrew Page, Evans Halshaw…

Auction House North West Achieve Largest Ever Auction.

By jbc_admin

A maximum capacity audience witnessed 98 lots offered, including some of the most unique properties offered at any Auction this year. Commercial success included a very pretty Railway Station House in North Wales which sold for £140,000 and the former listed Playhouse Theatre in Hulme selling for £325,000. Both properties received nationwide interest and were…

Trade Counter Success for Manchester

By jbc_admin

Acting on behalf of a Private Property Investment Company and owners of a number of trade counter units, the Lease Advisory Department at Roger Hannah & Co has successfully negotiated rent terms for a 5 year lease with a national operator in Manchester for a 13,500sqft unit, achieving an overall increase of 9.4% in the…

The Supreme Court’s decision and ruling of Paragraphs 14 and 49 of the NPPF

By jbc_admin

The Decisions The Supreme Court recently dismissed two appeals made by two local planning authorities after the decisions of two planning applications; Hopkins Homes v Suffolk Coastal District Council and Richborough Estates v Cheshire East Borough Council. One of which had been refused and the other approved respectively. The Cheshire East application was submitted in…

Bridge Trading Estate has New Owners

By jbc_admin

Marnshaw Limited have acquired the Bridge Trading Estate, Bury, from the Canal and River Trust for a headline consideration of £2,201,000. Bridge Trading Estate is a multi-let industrial property with a rental income of £156,000 but with the potential to increase the income up to £231,000. The transaction represents a net initial yield of 6.70%…